Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Dexters snaps up Marsh & Parsons for £29million
Dexters has snapped up fellow London agent Marsh & Parsons from LSL Property Services for £29million making the combined group the biggest estate agent in the capital.
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Headcount reduced at Strike as it ‘adjusts to the market’
Sam Mitchell, CEO of Strike, admits some staff are being released this month as it reacts to a slower housing market.
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‘You can’t just sell property on Rightmove anymore’
The thorny issue of how agents should go about selling property in the current market gets an airing on day four of the latest video instalment from the self-proclaimed Great And The Good of the Property Industry.
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OnTheMarket set to announce profit leap
CEO of the portal says its annual profits will rise from £2.7 million to up to £4.5 million, with revenues up as well.
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Street and Acaboom promise ‘seamless’ package for agents
Both companies say their new integrated system will benefit agents from the moment an appointment is made.
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Estate agents urged to go door knocking… and get tasered!
Door knocking and the day-to-day dangers of agency life are amusingly highlighted on day three of the latest video instalment from the self-proclaimed Great And The Good of the Property Industry.
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MARKET: Number of house sales dropped in December but ‘still strong’
Sales dipped 3% on November but were just 1% down on the same time last year, government figures from HMRC reveal.
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Only a ‘fifth of agents are capable of achieving higher fees’
Estate agency fees are thrown into the spotlight in the latest video instalment from the self-proclaimed Great And The Good of the Property Industry.
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Monthly mortgage payments ‘could drop 25% by year end’
New analysis shows average mortgage payments rose by 66% in the last year but analysis from wealth manager Quilter shows they could drop by a quarter come the end of the year.
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Pressure on prices is reducing imbalance in the rental market
Tom Bill, head of UK residential research at Knight Frank, says that the supply of lettings properties is picking up though there are differences across regions and price bands.
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